Federal Reserve Offers $3 Billion in 28-day Term Deposits Through its Term Deposit Facility

Author(s): Federal Reserve Bank of San Francisco

On Monday, January 14th, 2013, the Federal Reserve will offer $3 billion in 28-day term deposits though its Term Deposit Facility. As noted in the Federal Reserve Board’s September 8, 2010 release, this offering is part of ongoing small-value operations designed to provide eligible institutions with an opportunity to become familiar with term deposit operations.